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Fed officials have repeatedly stressed that the U.S. economy continues to need aggressive monetary policy support as it recovers from the pandemic, even as the outlook brightens amid widening vaccinations.
Inflation target may not be changed: BofA SecThe recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up to 4.85% in February from 4.1% in January, according toa report by BoA Securities.
f… Read MoreAsian stocks rally after Dow hits record as inflation worries easeAn index of regional stocks excluding Japan rose 0.7%, led by a 1.7% surge in South Korea's Kospi, and was on track for its first three-day advance in three weeks.
from Stocks-Markets-Economic Times https://ift.tt/3cmVFlx
… Read MoreTokyo stocks move higher on ECB, US stimulusThe ECB's move, which helped boost European and US bourses, is also supporting the Tokyo market, analysts said.
from Stocks-Markets-Economic Times https://ift.tt/2OnyJuG
… Read MoreMFs trim blue-chip holdings amid redemption pressureFunds bought shares of NTPC and IndusInd Bank to the tune of Rs 700 crore each; while in L&T, they were buyers worth Rs 650 crore during the month, said Edelweiss.
from Stocks-Markets-Economic Times https://ift.tt/3rEYuo… Read MoreWarren Buffett becomes sixth member of $100 billion clubBuffett added $1.9 billion to his fortune on Wednesday as Berkshire Class A shares hit a record high, helping lead a second day of gains for the S&P 500.
from Stocks-Markets-Economic Times https://ift.tt/3ci3Akh
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